December 7, 2022

[GIST] Customers, companies panic as CBN slashes withdrawal limits

[GIST] Customers, companies panic as CBN slashes withdrawal limits

Punch Newspapers - Latest News https://bit.ly/3JsbvM2

The Central Bank of Nigeria has imposed fresh cash withdrawal limits on individuals and organisations, which will become effective on January 9, 2023. According to a memo issued by the CBN to banks on Tuesday, individuals will only be able to withdraw N100,000 per week (from over-the-counter, point-of-sale machines or automated teller machines), while organisations


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